Tutor Perini Receives Award of $80 Million Khurais Electronic Warfare Range, Kingdom of Saudi Arabia

February 22, 2017

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that it has been awarded a design-build contract by the U.S. Air Force to design and construct facilities in support of the Royal Saudi Air Force through a Foreign Military Sales program. The project was competitively bid through an Air Force Civil Engineer Center multiple award task order contract and is funded by the Kingdom of Saudi Arabia. The contract value will be included as part of the Company’s reported first quarter 2017 backlog.

The project entails the design and construction of multiple facilities and site improvements, including: Range Operations Facility, Laborers Quarters, Access Control Facility, Security Facility, Maintenance Workshop Facility, Storage Facilities, Crew Facilities, Mosque, Towers, Range Targets, C-130 Assault Strip and other supporting range infrastructure, as well as all utilities, parking lots and access roads within the complex.

Construction is expected to begin in the spring of 2017, with completion by early 2019. The work will be managed by Tutor Perini’s subsidiary, Perini Management Services, Inc., which specializes in worldwide federal construction. Architect-Engineering services will be provided by Tetra Tech, Inc., of Pasadena, California.